UniCredit to discuss on June 1 choice of headhunter for new CEO

Reuters

Published May 25, 2016 05:21PM ET

UniCredit to discuss on June 1 choice of headhunter for new CEO

MILAN (Reuters) - Italy's UniCredit said on Wednesday Chairman Giuseppe Vita and three of its top executives will meet on June 1 to discuss the selection of a specialist headhunter recruitment firm to help it find a new chief executive.

Italy's biggest bank by assets said on Tuesday its Chief Executive Federico Ghizzoni would step down and asked Vita to start the succession process.